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Plastic currency notes of Rs 10 to be launched soon: RBI

The Reserve Bank of India on Monday said plastic currency of Rs 10 denomination would be introduced soon as it has got clearance from various departments and the process of printing will take place soon.

The Central government had in December informed in Parliament that one billion plastic notes of Rs 10 denomination would be introduced in a field trial in five cities selected for their geographical and climatic diversity.

The selected cities were Kochi, Mysore, Jaipur, Shimla and Bhubaneswar.